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IBU5COV Corporate Venturing Assignment 2022

Write a report analyzing the eight major domains in the external environment for an organization of your choice, and conclude with a summary of the main external issues facing the organization and their implications on its survival, competitive advantage, and growth prospects.

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Added on  2022-09-14

IBU5COV Corporate Venturing Assignment 2022

Write a report analyzing the eight major domains in the external environment for an organization of your choice, and conclude with a summary of the main external issues facing the organization and their implications on its survival, competitive advantage, and growth prospects.

   Added on 2022-09-14

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External Analysis
Report for [company
name]
Assignment 1 IBU5COV Corporate Venturing
[Pick the date]
La Trobe University
Author names
1
IBU5COV Corporate Venturing Assignment 2022_1
Executive Summary
AGL has been publicly listed organization situated in Australia. This has involved
in retailing and then generation of gas and electricity. These are meant for
various type of commercial and residential uses. Moreover, they have been
generating that energy from different power stations through using natural gas,
wind power, hydroelectricity along with the solar energy, thermal power, gas
storage, and different kinds of sources of the coal seam gas. They have distinct
norms and multiple environmental standards moving the productivity of their
business in the marketplace. To investigate the business of AGL, the report
considers its “external” environments and further the external environment
analysis of the company is performed.
2
IBU5COV Corporate Venturing Assignment 2022_2
1. Table of Contents
2. INTRODUCTION AND COMPANY OVERVIEW...........................4
3. EXTERNAL ENVIRONMENT ANALYSIS.....................................5
3.1 Technological Environment...................................................................5
3.2 Economic Environment..........................................................................5
3.3 Competitive Environment......................................................................6
3.4 Labour Environment.............................................................................6
3.5 Resource Environment..........................................................................7
3.6 Customer Environment..........................................................................7
3.7 Legal and Regulatory Environment........................................................8
3.8 Global Environment..............................................................................8
4. INTERPRETATION AND DISCUSSION.......................................8
4.1 Main Opportunities...............................................................................8
4.2 Main Threats........................................................................................8
5. CONCLUSION.............................................................................9
REFERENCES................................................................................10
APPENDICES.................................................................................12
Appendix A: Empowered customer of AGL.....................................................12
Appendix B: Illustrating AGL's contribution...................................................13
3
IBU5COV Corporate Venturing Assignment 2022_3
2. Introduction and Company Overview
Understanding the external and internal environments of businesses:
For understanding the present day corporations, both the “internal” and
“external” environments are to be considered. The latter one denotes all the
things that outside the company involving supplier environments, labor, social,
regulatory, economic, technological, customer and competitive surroundings.
Nevertheless, the domains of it consists of critical implications regarding how the
things are been performed within the internal environment or the former one.
Then the internal environment involves structures, cultures, processes and
system making up the climate under which people work for the organization. In
this following study, the external environment analysis of AGL is performed.
Discussion of the organization chosen:
For this the AGL Energy Ltd is chosen. It is a publicly listed business from
Australia involved in retailing and generation of gas and electricity for
commercial and residential usage. They generates the energy from the various
power stations using natural gas, hydroelectricity, wind power and thermal
power, gas storage, solar energy and the sources of coal seam gas. During
August 2017, they have claimed that they have above 3.6 million business and
residential customers round Queensland, South Australia, Victoria and New South
Wales. They have entered the commercial and residential market of gas at
Western part of the country during July 2017. Further, they have huge
investments for supplying electricity and gas (Coltman et al., 2018). Moreover,
they are huge investments in supplying the electricity and gas. Above all they
are the biggest private owner, developer, operator of Australia’s renewable
energy assets. It is an integrated energy company and one of oldest ones from
Australia. At present it is the greatest gas and electricity retailers’ of the nation
having millions of electricity and gas customers. Primarily they have been
operating at South East Queensland, South Australia, Victoria and New South
Wales. Recently they have launched within the WA natural has market and can
be considered as one of top-most suppliers of the plans of solar-specific energy
(Thornton, 2018). Also they have claimed to be operating the nation’s biggest
portfolio of the electricity generation and it greatest ASX-listed investor has been
the renewable energy. As far their energy plans are considered, the customers
are been drawn to AGL with the partnership present there with the flybuys. Their
4
IBU5COV Corporate Venturing Assignment 2022_4

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